$36.3bn Spent On Petroleum Products’ Importation In 4 Years Says CBN   The House of Representatives on Monday rejected the submission of the Nigerian National Petroleum Corporation on the fresh bid to carry out a turnaround maintenance on the country’s four refineries. A budget of $1.8bn is...

Oil Sector Receives N3.42 Trillion Credit From Banks A gas flare burns at the Batan flow station operated by Chevron under a joint-venture arrangement with the Nigerian National Petroleum Corporation (NNPC) for the onshore and offshore assets in the Niger Delta region on March 26,...

NNPC Disowns Fake Recruitment Advertisement The Nigerian National Petroleum Corporation (NNPC) has disowned a recruitment advertisement currently trending in the social media. The advertisement, set in NNPC’s corporate colour with its logo, invites candidates with background in Sciences, Engineering, Business/Finance, Social Sciences, Arts/Humanities as well as...

Baru Urges NNPC And Oil Service Firms To Go Global The Nigerian National Petroleum Corporation (NNPC) and indigenous oil services firms should extend their operations to other petroleum industries across the world. NNPC Group Managing Director (GMD) Dr Maikanti Baru has said. Baru who spoke while...

Senate Orders N216bn Illegal Subsidy Payment Refund By NNPC     The Senate has declared as illegal the current payments by the Nigerian National Petroleum Corporation to augment the differentials between the landing cost of the Premium Motor Spirit (petrol) and the pump price. The legislature asked the...

330,000mt NPDC LPG Plant Underway The Nigerian Petroleum Development Company (NPDC), says it has commenced the establishment of a 330,000 metric tons per day Liquefied Petroleum Gas (LPG), plant, also known as cooking gas. The Managing Director of the NPDC, Mr. Yusuf Matashi, disclosed that when...